European Union

CHINA-POLITICS-TWO SESSIONS

Europe Trusts Chinese Supply Chains and Won't Follow US Tariff Hikes

Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.

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Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser

Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser

Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.

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EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.

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EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis

EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis

The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon.

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GERMANY-TECHNOLOGY-VR-FACEBOOK-META

Meta Wants Users to Pay for Their Privacy, Earning an Opposition From EU Privacy Watchdog

Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.

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Apple, Google, and Meta Face Potential Billion-Dollar Fines From European Commission Over Market Violations

The EU probes tech giants Apple, Google, and Meta under Digital Markets Act for potential violations to curb market dominance. Apple recently fined $2B.

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France Urges EU To Finance New Defense Strategy Amid Struggles Brought By Russia-Ukraine Conflict

France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine war.

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EU Blacklists North Korea’s Defense Minister, Chinese Firms for First Time in New Sanctions Over Russia's War in Ukraine

The European Union (EU) has agreed to ban exports to three Chinese companies and blacklist North Korea's Defense Minister in new sanctions for the second anniversary of Russia's invasion of Ukraine.

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EU Takes First Step to Use Frozen Assets of Russia to Rebuild Ukraine

EU Takes First Step to Use Frozen Assets of Russia to Rebuild Ukraine

The European Union (EU) has taken a significant step to support Ukraine by adopting a law to allocate windfall profits on frozen Russian central bank assets for rebuilding the war-struck country.

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EU Seals Massive $54 Billion Aid Deal for Ukraine After Hungary Gave In

EU Seals Massive $54 Billion Aid Deal for Ukraine After Hungary Gave In

The leaders of the 27 European Union (EU) countries agreed on Thursday to give Ukraine a new $54 billion aid package after Hungary gave in not to veto the move.

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Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely

Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely

The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.

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Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally

Coinbase Eyeing to Expand Crypto Derivatives in EU With MiFID II Licensed Company

US cryptocurrency exchange Coinbase is making strategic moves to introduce crypto-linked derivatives in the European Union (EU) by acquiring a company with a license to do so.

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Joe Biden Extends Suspension of Trump-Era EU Steel, Aluminum Tariffs for 2 Years

Joe Biden Extends Suspension of Trump-Era EU Steel, Aluminum Tariffs for 2 Years

President Joe Biden has extended the suspension of tariffs on European Union (EU) steel and aluminum for two more years.

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EU to Delay Tariffs on UK Electric Vehicles for 3 Years, Offers €3 Billion to Boost Battery Manufacturing

EU to Delay Tariffs on UK Electric Vehicles for 3 Years, Offers €3 Billion to Boost Battery Manufacturing

The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).

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EU Military Spending Hits Record High of €240 Billion Following Russia's Invasion of Ukraine

EU Military Spending Hits Record High of €240 Billion Following Russia's Invasion of Ukraine

Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.

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